Brazilian real users

The Brazilian real is the currency of Brazil (officially Federative Republic of Brazil) which is the largest country in South America and world’s fifth largest country.

Brazil declared independence from the United Kingdom of Portugal on September 7, 1822 and was recognized on August 29, 1825.

Brazil is a member of the Union of South American Nations (briefed as UZAN or UNASUL or UNASUR according to various languages) which is an intergovernmental union and was established on December 8, 2004, consisting of twelve members and 2 observers (Mexico and Panama). The Union of South American Nations expects to model the European Union and introduce a common currency, possibly by 2019.

Currencies of Union of South American Nations (UNASUR), exchange rate: Feb.14th,2013

"UNASUR"

Currency name

Code

1USD=

1EUR=

1GBP=

Argentina

Argentine peso

ARS

5.00599

6.68764

7.75558

Bolivia

Venezuelan bolívar fuerte

BOB

6.90964

9.23015

10.7047

Brazil

Brazilian real

BRL

1.95928

2.61746

3.03543

Chile

Chilean peso

CLP

470.738

628.85

729.321

Colombia

Colombian peso

COP

1783.29

2382.35

2762.9

Ecuador

United States dollar

USD

1.00000

1.33592

1.54932

Guyana

Guyanese dollar

GYD

203.948

272.451

315.98

Paraguay

Paraguayan guaraní

PYG

4089.31

5462.93

6335.42

Peru

Peruvian nuevo sol

PEN

2.56899

3.43197

3.98019

Suriname

Suriname dollar

SRD

3.28713

4.39199

5.09252

Uruguay

Uruguayan peso

UYU

19.0398

25.4355

29.4978

Venezuela

Venezuelan bolivar

VEF

6.29375

8.40786

9.75069

Panama <2>

Panamanian balboa

PAB

1.00000

1.33592

1.54932

Mexico <2>

Mexican peso

MXN

12.6915

16.9561

10.6619

Notes:
<1>. The group expects to model the EU with a common currency by 2019.
<2>. Mexico and Panama are observers of the Union of South American Nations.

Brazilian real history

The Brazilian real has been the present-day currency of Brazil since July 1, 1994, replacing the previous currency of cruzeiro real (BRR) at 1 BRL=2750 BRR. The first official currency of Brazil is real which was used from 1790 to 1942. So the present real (BRL) somehow equals 2.75 x 1018 (2.75 quintillions) to the original real.

Brazil currencies history (from the year of 1790 to present)

Currency name

Code

Introduced since

(Being) used until

Notes

Brazilian real

BRL

June 20, 1994

present

New real. It replaced the cruzeiro real at 1 BRL=2750 BRR. The new real is equal to 2.75 x 1018 (2.75 quintillions) of Brazil's original real (existed from 1790 to 1942).